M&A Deal Summary

Optima Chemical Group and Arran Chemical Acquire The Chemours Company - Manufacturing Assets

On June 29, 2015, Optima Chemical Group and Arran Chemical acquired chemicals company The Chemours Company - Manufacturing Assets from Chemours

Acquisition Highlights
  • This is Optima Chemical Group’s 1st and Arran Chemical’s 1st transaction in the Chemicals sector.
  • This is Optima Chemical Group’s 1st and Arran Chemical’s 1st transaction in the United States.
  • This is Optima Chemical Group’s 1st and Arran Chemical’s 1st transaction in West Virginia.

M&A Deal Summary
Date 2015-06-29
Target The Chemours Company - Manufacturing Assets
Sector Chemicals
Buyer(s) Optima Chemical Group
Arran Chemical
Sellers(s) Chemours
Deal Type Divestiture

Target

The Chemours Company - Manufacturing Assets

Belle, West Virginia, United States
Chemours' Manufacturing Assets consists of manufacturing facilities in Belle, West Virginia.

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Buyer(S) 2

Buyer

Optima Chemical Group

Douglas, Georgia, United States
Category Company
Founded 1991
Sector Chemicals
DESCRIPTION

Optima Chemical Group LLC is a provider of specialty chemicals, toll and custom manufacturing to the Pharmaceutical, Nutritional Product, Catalyst, Flavors & Fragrances, Electronics, Bioscience and Specialty Chemicals markets.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Buyer

Arran Chemical

Roscommon, Ireland
Category Company
Sector Chemicals
DESCRIPTION

Arran Chemical Co. is an independent fine chemical company located in Ireland. We manufacture products for pharmaceutical, health care, personal care and other specialised chemical applications.

DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Chemours

Wilmington, Delaware, United States
Category Company
Founded 2014
Sector Chemicals
Employees6,500
Revenue 6.0B USD (2023)
DESCRIPTION

Chemours provides performance chemicals by operating three reporting segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. Chemours' Titanium Technologies segment is a global producer of titanium dioxide (TiO2), a premium white pigment used to deliver whiteness, brightness, opacity, and protection in a variety of applications. Chemours' Fluoroproducts segment is a global provider of fluoroproducts, such as refrigerants and industrial fluoropolymer resins. Its' Chemical Solutions segment is a North American provider of industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries. Chemours was founded in 2014 and is based in Wilmington, Delaware.

DEAL STATS #
Overall 1 of 5
Sector (Chemicals) 1 of 4
Type (Divestiture) 1 of 5
State (West Virginia) 1 of 1
Country (United States) 1 of 5
Year (2015) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-19 The Chemours Company - Aniline Facility

Beaumont, Texas, United States

The Chemours Company - Aniline Facility consists of an aniline plant in Beaumont, Texas.

Sell $140M
Mergr

Product

Company

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